COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK


Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.

The USG remains firm paying in the mid 20´s for trips into the MED and low/mid 30´s for trips FE. Nevertheless tonnage is piling up again with ballasters which will push rates downwards in a few weeks unless activity picks up more to absorb tonnage. In the Pacific, there is a tight tonnage supply on prompt positions in China/ SEA for mostly handy up to 45,000 dwt which means rates are on the rise for those sizes. Supras on the other hand, are in abundance. There has also been a high amount of short period activity with charterers scrambling/ hoping to take tonnage ´on the cheap´. The Far East  remains reasonably tight on prompt tonnage, however with activity low and owners resisting. The market for North Pacific/Indo/India for tonnage delivering North China is in the USD 16,000 range.

Panamax
After a slow week with marginal decline in rates the market found supportwith levels moving upwards from mid week.

This was predominantly driven by ECSA and USG grains and short period activity to cover same with owners now able to secure healthy USD 27,000 with equivalent ballast bonus for front haul. Short period was also fairly active with grain traders and operators booking tonnage in the Far East in the mid 17,000 range. Lack of other fresh mineral business in both hemispheres kept a stable but not very enthusiastic sentiment. North Pacific and Pacific business is fixable at mid to upper teens while Atlantic rounds close to 17,000/day. One year period is being secured at 16,500-17,000 but takers are reluctant to pay owners similar levels fo  longer duration.

Capesize
The capesize market continued to fall  through last week bottoming out on Monday at an average time charter rate of USD  9,298.

This has now picked up to USD 10,089 which is still not very exciting. Nonetheless, the paper market is enthused and the front end of the curve has picked up somewhat,but not enough to allow a repeat of the 3 year fixture reported last week. There are takers for this period but they are rateing lower numbers and owners are not ready to accept these figures. On the spot market fixtures remain relatively flat and the Atlantic continues to be stronger than the Pacific. In general, uncertainty due to events in Japan and in the Mediterranean are keeping the market weak, though there could be some more near term activity in the Atlantic due to nuclear plants in Germany being taken off line for safety checks.
Source: FEARNBULK



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...


Tuesday, 05 April 11
DRY BULK MARKET DOWN ON FIRST DAY OF SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market began the second quarter on a downward pattern, with the industry’s benchmark, the Baltic Dry Index (BDI) shedding 1.45 pe ...


Monday, 04 April 11
INDONESIA INTERNATIONAL CONFERENCE FOCUS ON INDONESIA'S ECONOMY (IICFIE) 2011 MASTER PLAN TO ACCELERATE THE ECONOMIC DEVELOPMENT
Press Release - Since couple of years, Indonesia's economy show impressive growth. What is the Indonesia's Economic Corridor and the Master plan t ...


Saturday, 02 April 11
TNPL CALLS FOR 160KT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure another 160,000 MT +/-  5 percent of Non-Coking imported C ...


Saturday, 02 April 11
THE FREIGHT MARKETS LIKELY TO BE SOFT NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week affecting all sectors with BDI down by 65 points (down by 4.10 pct) and closed at 1,520 points. ...


   1062 1063 1064 1065 1066   
Showing 5316 to 5320 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Oldendorff Carriers - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • World Bank
  • Grasim Industreis Ltd - India
  • Global Coal Blending Company Limited - Australia
  • Rashtriya Ispat Nigam Limited - India
  • Straits Asia Resources Limited - Singapore
  • South Luzon Thermal Energy Corporation
  • VISA Power Limited - India
  • WorleyParsons
  • NTPC Limited - India
  • Gresik Semen - Indonesia
  • Marubeni Corporation - India
  • Bangladesh Power Developement Board
  • Humpuss - Indonesia
  • Tata Power - India
  • Coaltrans Conferences
  • IMC Shipping - Singapore
  • Baramulti Group, Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Attock Cement Pakistan Limited
  • Minerals Council of Australia
  • Karbindo Abesyapradhi - Indoneisa
  • EIA - United States
  • Indian Oil Corporation Limited
  • Barclays Capital - USA
  • Berau Coal - Indonesia
  • Videocon Industries ltd - India
  • Infraline Energy - India
  • Malco - India
  • BRS Brokers - Singapore
  • Indorama - Singapore
  • Thermax Limited - India
  • PLN - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Pinang Coal Indonesia
  • Bukit Makmur.PT - Indonesia
  • Thai Mozambique Logistica
  • Surastha Cement
  • Dalmia Cement Bharat India
  • RBS Sempra - UK
  • Central Java Power - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Standard Chartered Bank - UAE
  • Malabar Cements Ltd - India
  • Singapore Mercantile Exchange
  • Thomson Reuters GRC
  • European Bulk Services B.V. - Netherlands
  • Ministry of Finance - Indonesia
  • Simpson Spence & Young - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Sakthi Sugars Limited - India
  • GHCL Limited - India
  • ING Bank NV - Singapore
  • MEC Coal - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Rio Tinto Coal - Australia
  • Thriveni
  • Asmin Koalindo Tuhup - Indonesia
  • World Coal - UK
  • CNBM International Corporation - China
  • Kartika Selabumi Mining - Indonesia
  • Samtan Co., Ltd - South Korea
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bhushan Steel Limited - India
  • Cement Manufacturers Association - India
  • globalCOAL - UK
  • The State Trading Corporation of India Ltd
  • PetroVietnam
  • TANGEDCO India
  • PLN Batubara - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Aditya Birla Group - India
  • SRK Consulting
  • Bukit Baiduri Energy - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Edison Trading Spa - Italy
  • Thiess Contractors Indonesia
  • Jatenergy - Australia
  • Vale Mozambique
  • Jindal Steel & Power Ltd - India
  • Wood Mackenzie - Singapore
  • Indonesia Power. PT
  • Makarim & Taira - Indonesia
  • J M Baxi & Co - India
  • SMC Global Power, Philippines
  • The Treasury - Australian Government
  • Enel Italy
  • Cigading International Bulk Terminal - Indonesia
  • Ministry of Mines - Canada
  • Intertek Mineral Services - Indonesia
  • TeaM Sual Corporation - Philippines
  • Coeclerici Indonesia
  • Petron Corporation, Philippines
  • Chamber of Mines of South Africa
  • Orica Mining Services - Indonesia
  • Glencore India Pvt. Ltd
  • BNP Paribas - Singapore
  • KPMG - USA
  • Energy Link Ltd, New Zealand
  • Britmindo - Indonesia
  • Mercator Lines Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Miang Besar Coal Terminal - Indonesia
  • Ambuja Cements Ltd - India
  • Indonesian Coal Mining Association
  • India Bulls Power Limited - India
  • Sindya Power Generating Company Private Ltd
  • Madhucon Powers Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Fearnleys - India
  • Semirara Mining and Power Corporation, Philippines
  • Binh Thuan Hamico - Vietnam
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kumho Petrochemical, South Korea
  • Bahari Cakrawala Sebuku - Indonesia
  • Mitra SK Pvt Ltd - India
  • Mjunction Services Limited - India
  • Eastern Coal Council - USA
  • Lafarge - France
  • PTC India Limited - India
  • Mercuria Energy - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Reliance Power - India
  • GMR Energy Limited - India
  • Cardiff University - UK
  • Sucofindo - Indonesia
  • Electricity Authority, New Zealand
  • Kaltim Prima Coal - Indonesia
  • Siam City Cement - Thailand
  • Latin American Coal - Colombia
  • Medco Energi Mining Internasional
  • TNPL - India
  • Moodys - Singapore
  • PowerSource Philippines DevCo
  • MS Steel International - UAE
  • Directorate Of Revenue Intelligence - India
  • CoalTek, United States
  • Kohat Cement Company Ltd. - Pakistan
  • Indian School of Mines
  • Posco Energy - South Korea
  • Shree Cement - India
  • Gujarat Mineral Development Corp Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Kepco SPC Power Corporation, Philippines
  • Essar Steel Hazira Ltd - India
  • IOL Indonesia
  • Uttam Galva Steels Limited - India
  • OCBC - Singapore
  • Cemex - Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Qatrana Cement - Jordan
  • Adaro Indonesia
  • SASOL - South Africa
  • Electricity Generating Authority of Thailand
  • Arch Coal - USA
  • Gujarat Electricity Regulatory Commission - India
  • Planning Commission, India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • UOB Asia (HK) Ltd
  • TGV SRAAC LIMITED, India
  • Price Waterhouse Coopers - Russia
  • Central Electricity Authority - India
  • Deloitte Consulting - India
  • Freeport Indonesia
  • PNOC Exploration Corporation - Philippines
  • Coal and Oil Company - UAE
  • CIMB Investment Bank - Malaysia
  • Kideco Jaya Agung - Indonesia
  • Vedanta Resources Plc - India
  • McKinsey & Co - India
  • SN Aboitiz Power Inc, Philippines
  • Maruti Cements - India
  • Mintek Dendrill Indonesia
  • CESC Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Shenhua Group - China
  • KEPCO - South Korea
  • Global Green Power PLC Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • Geoservices-GeoAssay Lab
  • Billiton Holdings Pty Ltd - Australia
  • Carbofer General Trading SA - India
  • LBH Netherlands Bv - Netherlands
  • Clarksons - UK
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Banpu Public Company Limited - Thailand
  • McConnell Dowell - Australia
  • Semirara Mining Corp, Philippines
  • The University of Queensland
  • Pipit Mutiara Jaya. PT, Indonesia
  • Mechel - Russia
  • SGS (Thailand) Limited
  • San Jose City I Power Corp, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Parry Sugars Refinery, India
  • HSBC - Hong Kong
  • KOWEPO - South Korea
  • Commonwealth Bank - Australia
  • CCIC - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Agrawal Coal Company - India
  • JPower - Japan
  • Noble Europe Ltd - UK
  • Bhoruka Overseas - Indonesia
  • IBC Asia (S) Pte Ltd
  • Georgia Ports Authority, United States
  • Mitsubishi Corporation
  • KPCL - India
  • Sree Jayajothi Cements Limited - India
  • Bank of China, Malaysia
  • Sinarmas Energy and Mining - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Coastal Gujarat Power Limited - India
  • Trasteel International SA, Italy
  • PetroVietnam Power Coal Import and Supply Company
  • Platou - Singapore
  • Petrosea - Indonesia
  • JPMorgan - India
  • Ernst & Young Pvt. Ltd.
  • Peabody Energy - USA
  • Global Business Power Corporation, Philippines
  • Bharathi Cement Corporation - India
  • Barasentosa Lestari - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Arutmin Indonesia
  • Wilmar Investment Holdings
  • Power Finance Corporation Ltd., India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • White Energy Company Limited
  • Antam Resourcindo - Indonesia
  • Russian Coal LLC
  • Sical Logistics Limited - India
  • Tanito Harum - Indonesia
  • Xstrata Coal
  • Coal India Limited
  • Formosa Plastics Group - Taiwan
  • Asia Cement - Taiwan
  • Toyota Tsusho Corporation, Japan
  • Platts
  • Heidelberg Cement - Germany
  • Australian Coal Association
  • EMO - The Netherlands
  • Energy Development Corp, Philippines
  • Riau Bara Harum - Indonesia
  • Cosco
  • bp singapore
  • Salva Resources Pvt Ltd - India
  • Siam City Cement PLC, Thailand
  • Australian Commodity Traders Exchange
  • Ind-Barath Power Infra Limited - India
  • Karaikal Port Pvt Ltd - India
  • Ministry of Transport, Egypt
  • Coal Orbis AG
  • Argus Media - Singapore
  • NALCO India
  • Tamil Nadu electricity Board
  • Credit Suisse - India
  • Indika Energy - Indonesia
  • Bank of America
  • IHS Mccloskey Coal Group - USA
  • Indogreen Group - Indonesia
  • ICICI Bank Limited - India
  • SUEK AG - Indonesia
  • Gupta Coal India Ltd
  • Cebu Energy, Philippines
  • Lanco Infratech Ltd - India
  • Renaissance Capital - South Africa
  • Mitsui
  • Metalloyd Limited - United Kingdom
  • Larsen & Toubro Limited - India
  • The India Cements Ltd
  • OPG Power Generation Pvt Ltd - India
  • GVK Power & Infra Limited - India
  • DBS Bank - Singapore
  • Thailand Anthracite
  • Bangkok Bank PCL
  • Permata Bank - Indonesia
  • ANZ Bank - Australia
  • Inspectorate - India
  • Orica Australia Pty. Ltd.
  • UBS Singapore
  • Borneo Indobara - Indonesia
  • GNFC Limited - India
  • GB Group - China
  • Kobexindo Tractors - Indoneisa
  • Tata Chemicals Ltd - India
  • U S Energy Resources
  • Ince & co LLP
  • Meralco Power Generation, Philippines
  • Pendopo Energi Batubara - Indonesia
  • Independent Power Producers Association of India
  • Bulk Trading Sa - Switzerland
  • Maersk Broker
  • Interocean Group of Companies - India
  • Indian Energy Exchange, India
  • APGENCO India
  • Eastern Energy - Thailand
  • Economic Council, Georgia
  • Africa Commodities Group - South Africa
  • Vizag Seaport Private Limited - India
  • Kobe Steel Ltd - Japan
  • Samsung - South Korea
  • Directorate General of MIneral and Coal - Indonesia
  • Total Coal South Africa
  • Merrill Lynch Commodities Europe
  • ETA - Dubai
  • Runge Indonesia
  • Romanian Commodities Exchange
  • Goldman Sachs - Singapore
  • Altura Mining Limited, Indonesia
  • Inco-Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Rudhra Energy - India
  • Asian Development Bank
  • Bhatia International Limited - India
  • Therma Luzon, Inc, Philippines
  • SMG Consultants - Indonesia
  • Star Paper Mills Limited - India
  • Anglo American - United Kingdom
  • Xindia Steels Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • IEA Clean Coal Centre - UK
  • ACC Limited - India
  • Parliament of New Zealand
  • Deutsche Bank - India
  • Chettinad Cement Corporation Ltd - India
  • TRAFIGURA, South Korea
  • Savvy Resources Ltd - HongKong
  • Jaiprakash Power Ventures ltd
  • London Commodity Brokers - England
  • New Zealand Coal & Carbon
  • Manunggal Multi Energi - Indonesia
  • Core Mineral Indonesia
  • Port Waratah Coal Services - Australia
  • Meenaskhi Energy Private Limited - India
  • Maybank - Singapore
  • Adani Power Ltd - India
  • Sojitz Corporation - Japan
  • Coalindo Energy - Indonesia
  • Cargill India Pvt Ltd
  • Vitol - Bahrain
  • Petrochimia International Co. Ltd.- Taiwan
  • AsiaOL BioFuels Corp., Philippines
  • Merrill Lynch Bank
  • Panama Canal Authority
  • Gujarat Sidhee Cement - India
  • Globalindo Alam Lestari - Indonesia
  • ASAPP Information Group - India
  • Idemitsu - Japan
  • Japan Coal Energy Center
  • TNB Fuel Sdn Bhd - Malaysia